# Kinder Morgan, Inc.: overview

KMI · NYSE · CIK 1506307 · [Utilities](/sectors/utilities.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/kmi.md) · [Financials](/companies/kmi/financials.md) · [Filings](/companies/kmi/filings.md) · [Insiders](/companies/kmi/insiders.md)

Latest reported revenue: [$4.18bn](/filings/0001506307-26-000132.md) for Q3 FY2026, three months to 2026-09-30, from the 10-Q filed Oct 23, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001506307-26-000132).

## Last eight quarters

| Line item | Unit | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [3,572 d](/filings/0001506307-26-000011.md) | [3,862](/filings/0001506307-26-000035.md) | [3,606](/filings/0001506307-26-000085.md) | [3,723](/filings/0001506307-26-000132.md) | [4,011 d](/filings/0001506307-26-000011.md) | [4,451](/filings/0001506307-26-000035.md) | [4,098](/filings/0001506307-26-000085.md) | [4,185](/filings/0001506307-26-000132.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [31.0% d](/filings/0001506307-26-000011.md) | [29.6%](/filings/0001506307-26-000035.md) | [31.9%](/filings/0001506307-26-000085.md) | [28.6%](/filings/0001506307-26-000132.md) | [34.0% d](/filings/0001506307-26-000011.md) | [32.4%](/filings/0001506307-26-000035.md) | [32.8%](/filings/0001506307-26-000085.md) | [27.7%](/filings/0001506307-26-000132.md) |
| Net margin | % | [18.7% d](/filings/0001506307-26-000011.md) | [18.6%](/filings/0001506307-26-000035.md) | [19.8%](/filings/0001506307-26-000085.md) | [16.9%](/filings/0001506307-26-000132.md) | [24.8% d](/filings/0001506307-26-000011.md) | [21.9%](/filings/0001506307-26-000035.md) | [21.2%](/filings/0001506307-26-000085.md) | [18.3%](/filings/0001506307-26-000132.md) |
| Diluted EPS | $ per share | not reported | [0.32](/filings/0001506307-26-000035.md) | [0.32](/filings/0001506307-26-000085.md) | [0.28](/filings/0001506307-26-000132.md) | not reported | [0.44](/filings/0001506307-26-000035.md) | [0.39](/filings/0001506307-26-000085.md) | [0.34](/filings/0001506307-26-000132.md) |
| Free cash flow | $m | [738 d](/filings/0001506307-26-000011.md) | [396](/filings/0001506307-26-000035.md) | [1,002 d](/filings/0001506307-26-000085.md) | [621 d](/filings/0001506307-26-000132.md) | [872 d](/filings/0001506307-26-000011.md) | [687](/filings/0001506307-26-000035.md) | [978 d](/filings/0001506307-26-000085.md) | [545 d](/filings/0001506307-26-000132.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure; 9-month figure less the 6-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [16.2](/filings/0001506307-24-000011.md) | [18.1](/filings/0001506307-25-000008.md) | [13.6](/filings/0001506307-26-000011.md) | [13.5](/filings/0001506307-26-000011.md) | [15.2](/filings/0001506307-26-000011.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [18.1%](/filings/0001506307-24-000011.md) | [22.4%](/filings/0001506307-25-000008.md) | [31.2%](/filings/0001506307-26-000011.md) | [32.5%](/filings/0001506307-26-000011.md) | [31.1%](/filings/0001506307-26-000011.md) |
| Net margin | % | [11.0%](/filings/0001506307-24-000011.md) | [14.1%](/filings/0001506307-25-000008.md) | [17.5%](/filings/0001506307-26-000011.md) | [19.4%](/filings/0001506307-26-000011.md) | [20.1%](/filings/0001506307-26-000011.md) |
| Diluted EPS | $ per share | [0.78](/filings/0001506307-24-000011.md) | [1.12](/filings/0001506307-25-000008.md) | [1.06](/filings/0001506307-26-000011.md) | [1.17](/filings/0001506307-26-000011.md) | [1.37](/filings/0001506307-26-000011.md) |
| Free cash flow | $bn | [4.4](/filings/0001506307-24-000011.md) | [3.3](/filings/0001506307-25-000008.md) | [4.2](/filings/0001506307-26-000011.md) | [3.0](/filings/0001506307-26-000011.md) | [2.9](/filings/0001506307-26-000011.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/kmi/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $5.62bn | 175,834,246 |  | Added +1,875,143 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $4.18bn | 130,863,419 |  | Added +5,361,578 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $4.02bn | 125,590,355 |  | Added +636,775 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $2.17bn | 67,892,944 |  | Added +571,466 |
| [BANK OF AMERICA CORP /DE/](/funds/70858.md) | 2026-06-30 | $1.96bn | 61,455,987 |  | Reduced −562,407 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $1.77bn | 55,692,758 |  | Added +751,371 |
| [NORGES BANK](/funds/1374170.md) | 2026-06-30 | $1.20bn | 37,596,771 |  | New +37,596,771 |
| [JPMORGAN CHASE & CO](/funds/19617.md) | 2026-06-30 | $1.05bn | 32,412,710 |  | Added +1,445,551 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $974.3m | 30,476,699 |  | Added +207,038 |
| [CHARLES SCHWAB INVESTMENT MANAGEMENT INC](/funds/884546.md) | 2026-06-30 | $952.0m | 29,766,795 |  | Reduced −599,249 |

## Recent filings

[All 1,561 filings](/companies/kmi/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-23 | 16:18 ET | [10-Q](/filings/0001506307-26-000132.md) | Quarterly report, period 2026-09-30 | 0001506307-26-000132 |
| 2026-10-21 | 16:10 ET | [8-K](/filings/0001506307-26-000130.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001506307-26-000130 |
| 2026-09-28 | 17:36 ET | [8-K](/filings/0001506307-26-000123.md) | 7.01 Regulation FD disclosure | 0001506307-26-000123 |
| 2026-09-04 | 17:37 ET | [8-K](/filings/0001506307-26-000115.md) | 7.01 Regulation FD disclosure | 0001506307-26-000115 |
| 2026-08-10 | 17:31 ET | [8-K](/filings/0001506307-26-000111.md) | 7.01 Regulation FD disclosure | 0001506307-26-000111 |
| 2026-08-03 | 16:13 ET | [8-K](/filings/0001104659-26-089797.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-089797 |
| 2026-07-24 | 16:06 ET | [10-Q](/filings/0001506307-26-000085.md) | Quarterly report, period 2026-06-30 | 0001506307-26-000085 |
| 2026-07-22 | 16:09 ET | [8-K](/filings/0001506307-26-000063.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001506307-26-000063 |
| 2026-05-28 | 16:02 ET | [8-K](/filings/0001506307-26-000049.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation | 0001506307-26-000049 |
| 2026-05-19 | 12:07 ET | [8-K](/filings/0001506307-26-000043.md) | 5.07 Shareholder vote results | 0001506307-26-000043 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001506307-26-000011.md), filed Feb 13, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1506307
- Tickers: KMI, EP-PC
- Exchange: NYSE
- SIC code: 4922 Natural Gas Transmission
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 17:19 ET. No prices; not investment advice.